Davis Polk signals plan to take on UK firms with two senior hires

Davis Polk, a Wall Street law firm, has hired two senior IPO specialists as part of a plan to take on its multinational rivals in Asia.

In a bold statement of its intent to compete at the highest level, the US firm has lured Antony Dapiran from Freshfields, a British firm that often works alongside the US lawyers at Davis Polk. The two firms will now be fighting over the same seat at the table.